Remy Cointreau (OTCMKTS:REMYY) Shares Gap Up – Here’s What Happened

Remy Cointreau (OTCMKTS:REMYY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $4.4925, but opened at $4.69. Remy Cointreau shares last traded at $4.64, with a volume of 2,181 shares traded.

Wall Street Analysts Forecast Growth

Separately, Barclays reissued an “underweight” rating on shares of Remy Cointreau in a research note on Thursday, April 9th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, Remy Cointreau has a consensus rating of “Reduce”.

Remy Cointreau Trading Up 0.9%

The business has a 50 day simple moving average of $4.44 and a 200-day simple moving average of $4.60. The company has a quick ratio of 0.39, a current ratio of 2.79 and a debt-to-equity ratio of 0.31.

About Remy Cointreau

Rémy Cointreau is a French spirits group specializing in the production and distribution of premium and super-premium alcoholic beverages. The company’s core activities center on cognacs, liqueurs, single malt Scotch whiskies and innovative craft spirits. Through its integrated production network and dedicated cellar masters, Rémy Cointreau maintains rigorous quality standards from distillation and aging to bottling and distribution.

The group’s flagship brands include Rémy Martin and Louis XIII cognacs, recognized worldwide for their heritage and craftsmanship, as well as Cointreau, a leading triple-sec liqueur.